Seniors are not saving enough for retirement - WTVM.com-Columbus, GA News Weather & Sports

Seniors are not saving enough for retirement

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A study finds that senior citizens in nearly every state in the U.S. are falling short when it comes to affording their retirement years.

Nationwide, seniors are living off a median household income of just over $35,000.

That's about 57% of the median income for their younger counterparts.

Typically, financial planners recommend retirees save enough to replace at least 70% of their pre-retirement income.

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